Bearish flow noted in Comstock Resources (CRK) with 3,594 puts trading, or 7x expected. Most active are Mar-25 15 puts and Mar-25 18 puts, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 4.46, while ATM IV is up over 1 point on the day. Earnings are expected on February 18th.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRK:
- Comstock Resources price target raised to $6 from $5 at Piper Sandler
- Comstock Resources price target raised to $19 from $11 at Roth MKM
- Comstock Resources price target raised to $21 from $18 at Morgan Stanley
- Comstock Resources price target raised to $24 from $14 at BofA
- Comstock Resources price target raised to $19 from $11 at Truist
